$525,000
$100K PRICE DROP

701 Ridgewood Way Pigeon Forge, TN 37863

Estimated payment $3,247/month

Total Views 3,685
2 Beds
2 Baths
1,290 Sq Ft
$407 Price per Sq Ft

Highlights

  • View of Trees or Woods
  • Deck
  • Wooded Lot
  • Gatlinburg Pittman High School Rated A-
  • Private Lot
  • Cathedral Ceiling

About This Home

**Exceptional Opportunity!** Presenting an immaculate and beautiful 2-bedroom, 2-bath turn-key luxury log cabin in the highly sought-after Sherwood Forest. This stunning cabin is strategically located at the end of Ridgewood Way, ensuring ample privacy and easy flat surface parking for multiple vehicles. With the back deck and wooded privacy this cabin allows you and your guests to enjoy nature at its finest.As you step through the front door, you are welcomed by a spacious open floor plan that exudes comfort and style. The full kitchen boasts exquisite granite countertops and stainless steel appliances, complemented by a dedicated dining area. The expansive living room features a beautiful stacked stone fireplace and impressive cathedral ceilings, creating an inviting atmosphere.The main level includes a queen size sleeper sofa, a generously sized bedroom with a king-size bed and a full bathroom. Ascend to the upper level, where you'll discover a large loft perfect for entertainment, complete with a pool table and gaming center for guests of all ages. The principal suite is truly a retreat, featuring another king-size bed & a with an electric fireplace, and a full bathroom. This bedroom also had a dedicated workspace.After a day of exploring the breathtaking Smokies, unwind in the hot tub on the covered deck, enjoying complete privacy with no other properties behind you. The owner's have taken great care with updates and replacements to make this cabin one you will never forget. There will be a list in documents of updates and improvements. Rental Projections are estimated at $68k. Currently not on a rental, however, in 2021 gross income was $68,624.41.

Last Listed By

Michael McConnell

Mountain Realty Group License #276103 Listed on: 02/26/2025

Mountain Realty Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,962

Year Built

  • Built in 2003

Lot Details

  • Private Lot
  • Wooded Lot

HOA Fees

  • $150 Monthly HOA Fees

Parking

  • Parking Available

Property Views

  • Woods
  • Mountain
  • Seasonal

Home Design

  • Cabin
  • Metal Roof
  • Log Siding
  • Block And Beam Construction

Interior Spaces

  • 1,290 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • 2 Fireplaces
  • Gas Log Fireplace
  • Electric Fireplace
  • Great Room
  • Combination Dining and Living Room
  • Bonus Room
  • Crawl Space
  • Fire and Smoke Detector

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Laminate
  • Luxury Vinyl Tile

Bedrooms and Bathrooms

  • 2 Bedrooms | 1 Main Level Bedroom
  • 2 Full Bathrooms
  • Walk-in Shower

Laundry

  • Laundry on main level
  • Laundry in Kitchen
  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Covered patio or porch
  • Rain Gutters

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Shared Septic

Listing and Financial Details

  • Tax Lot 13
  • Assessor Parcel Number 105L B 001.00

Community Details

Overview

  • Association fees include roads
  • Sherwood Forest Poa, Phone Number (423) 246-7310
  • Sherwood Forest Resort Subdivision
  • Planned Unit Development

Recreation

  • Community Pool

Security

  • Resident Manager or Management On Site

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,962

Year Built

Built in 2003

Lot Details

0

HOA Fees

$150 per month

Listing Details

  • Property Type: Residential
  • Year Built: 2003
  • Zoning: R-1
  • Current Use: Residential, Single Family
  • Reso Property Sub Type: Single Family Residence
  • NumberUnfurnished: Furnished
  • Horses: No
  • ResoLaundryFeatures: In Kitchen, Laundry Closet, Main Level
  • ResoLotFeatures: Private, Views, Wooded
  • Road Surface Type: Paved
  • Reso View: Mountain(s), Seasonal, Trees/Woods
  • ResoSecurityFeatures: Smoke Detector(s)
  • Reso Association Amenities: Management, Pool, Other
  • Reso Association Fee Includes: Roads
  • Co List Office Mls Id: 499
  • Subdivision Name: Sherwood Forest Resort
  • Above Grade Finished Sq Ft: 1290.0
  • Architectural Style: Cabin
  • Fireplace: Yes
  • Reso Flooring: Laminate, Luxury Vinyl, Wood
  • Garage Yn: No
  • Unit Levels: One and One Half
  • New Construction: No
  • Property Attached Yn: No
  • Location Tax and Legal New Construction YN: No
  • Location Tax and Legal Parcel Number2: 105L B 001.00
  • Location Tax and Legal Tax Lot2: 13
  • Location Tax and Legal:Tax Annual Amount: 1962.48
  • Location Tax and Legal Tax Year2: 2023
  • General Property Information Above Grade Finished Area: 1290.0
  • General Property Information Bonus Room YN2: Yes
  • General Property Information:Furnished: Furnished
  • General Property Information Construction Type2: Site Built
  • General Property Information View YN2: Yes
  • Appliances Dryer: Yes
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Architectural Style Cabin2: Yes
  • Association Amenities Pool2: Yes
  • Cooling:Central Air: Yes
  • Flooring Wood: Yes
  • Interior Features Great Room2: Yes
  • Levels:One and One Half: Yes
  • Security Features:Smoke Detector(s): Yes
  • Land Features View Mountains: Yes
  • View Seasonal: Yes
  • Water Source:Public: Yes
  • General Property Information Waterfront YN: No
  • Sewer Shared Septic: Yes
  • General Property Information Accessibility Features YN2: No
  • General Property Information:Stories Total: 2
  • General Property Information Fireplace YN: Yes
  • General Property Information Property Attached YN: No
  • Flooring Laminate: Yes
  • Interior Features LivingDining Combo: Yes
  • Interior Features Walk-In Shower(s): Yes
  • Laundry Features:Main Level: Yes
  • General Property Information Horse YN2: No
  • Flooring Luxury Vinyl: Yes
  • Main Room Levels Main Level Bathrooms: 1
  • Main Room Levels Main Level Bedrooms: 1
  • View TreesWoods: Yes
  • Laundry Features Laundry Closet: Yes
  • General Property Information Planned Unit Development (PUD): Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Basement: Crawl Space
  • Appliances: Dishwasher, Dryer, Electric Range, Microwave, Refrigerator, Washer
  • Interior Amenities: Cathedral Ceiling(s), Ceiling Fan(s), Granite Counters, Great Room, Living/Dining Combo, Walk-In Shower(s)
  • Street Number Modifier: 701
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Electric, Gas Log
  • Fireplaces: 2
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Stories: 2
  • Appliances Dishwasher: Yes
  • Appliances:Electric Range: Yes
  • Basement:Crawl Space: Yes
  • Fireplace Features:Electric2: Yes
  • Interior Features:Cathedral Ceiling(s): Yes
  • Interior Features:Ceiling Fans: Yes
  • Fireplace Features:Gas Log: Yes
  • Fireplace Features:Fireplaces Total: 2
  • Interior Features:Granite Counters: Yes
  • Laundry Features:In Kitchen: Yes

Exterior Features

  • Exterior Features: Rain Gutters
  • Roof: Metal
  • View: Yes
  • Waterfront: No
  • Construction Type: Block, Log Siding
  • Patio And Porch Features: Covered, Deck
  • Exterior Features:Rain Gutters: Yes
  • Patio And Porch Features:Covered2: Yes
  • Patio And Porch Features:Deck2: Yes
  • ConstructionSiding:Roof Metal: Yes
  • Construction Materials:Log Siding: Yes
  • Lot Features:Wooded: Yes
  • Construction Materials:Block: Yes
  • Lot Features:Private2: Yes
  • Lot Features:Views: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Asphalt
  • General Property Information:Garage YN: No
  • General Property Information:Attached Garage YN: No
  • Parking Features:Asphalt: Yes

Utilities

  • Cooling: Central Air, Electric, Heat Pump
  • Heating: Central, Electric, Heat Pump
  • Sewer: Shared Septic
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • HeatingCooling:Electric: Yes
  • Heating:Central: Yes
  • Heating:Electric4: Yes
  • Heating:Heat Pump2: Yes
  • HeatingCooling:Heat Pump: Yes

Condo/Co-op/Association

  • Association Fee: 150.0
  • Association Fee Frequency: Monthly
  • Association Name: Sherwood Forest POA
  • Phone: +1 423-246-7310
  • Association: Yes

Association/Amenities

  • Association Amenities:Management: Yes

Lot Info

  • Parcel #: 105L B 001.00

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 1962.48
  • Tax Lot: 13

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $1,962 $132,600 $20,000 $112,600
2023 $1,962 $132,600 $0 $0
2022 $1,227 $82,875 $12,500 $70,375
2021 $1,227 $82,875 $12,500 $70,375
2020 $870 $82,875 $12,500 $70,375
2019 $870 $46,750 $12,500 $34,250
2018 $870 $46,750 $12,500 $34,250
2017 $870 $46,750 $12,500 $34,250
2016 $870 $46,750 $12,500 $34,250
2015 $673 $41,300 $0 $0
2014 $673 $41,291 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/07/2025 06/07/25 Price Changed $525,000 -9.5% $407 / Sq Ft
04/14/2025 04/14/25 Price Changed $579,900 -3.3% $450 / Sq Ft
02/26/2025 02/26/25 Price Changed $599,900 0.0% $465 / Sq Ft
02/26/2025 02/26/25 For Sale $599,900 -4.0% $465 / Sq Ft
02/02/2025 02/02/25 Pending -- -- --
01/24/2025 01/24/25 For Sale $625,000 +75.3% $484 / Sq Ft
05/15/2020 05/15/20 Off Market $356,500 -- --
02/14/2020 02/14/20 Sold $356,500 +72.2% $287 / Sq Ft
01/26/2020 01/26/20 Off Market $207,000 -- --
01/02/2020 01/02/20 Price Changed $358,000 -0.3% $288 / Sq Ft
11/22/2019 11/22/19 For Sale $359,000 +73.4% $289 / Sq Ft
10/28/2016 10/28/16 Sold $207,000 +4.6% $148 / Sq Ft
09/20/2016 09/20/16 Pending -- -- --
08/26/2016 08/26/16 For Sale $197,900 -- $142 / Sq Ft
Source: Great Smoky Mountains Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Warranty Deed $356,500 Smoky Mountain Title
Quit Claim Deed -- --
Warranty Deed $207,000 --
Deed $178,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $280,000 New Conventional
Previous Owner $165,600 New Conventional
Previous Owner $245,600 No Value Available
Previous Owner $135,000 No Value Available
Source: Public Records

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Source: Great Smoky Mountains Association of REALTORS®

MLS Number: 304560

Great Smoky Mountains Association of REALTORS®

APN: 105L-B-001.00-013